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Jan 30, 2013 6:00am EST
, and today's fed meeting. as boeing prepares to roll out results, more details about when the arizoni aerospace giant kne problems for the dreamliner. >>> and margins better than expect expected for blackberry. it -- for amazon. it's wednesday, january 30, 2013. and "squawk box" begins right now. >>> good morning, everybody. welcome to squaw"squawk box" he cnbc. today we have the four bs -- ben bernanke and the fomc holding their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitati
Jan 30, 2013 7:00pm PST
and the s&p closed down nearly six points. with it's newest plane grounded, boeing says its financial outlook for this year sees no significant impact from the 787 dreamliner's problems. but as the plane maker reported fourth quarter earnings today, it also acknowledged that assessment could quickly change. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number i
Jan 24, 2013 7:00pm EST
it all. later in the show it's day nine for the worldwide grounding of the boeing 787 dreamliner. they still don't know what's causing these battery fires. this is not a pr problem this san airplane problem. we'll hear from former united airlines chief. free market capitalism is the best path to prosperity. if washington doesn't screw it up we might have a better year in the economy. i'm larry kudlow, we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. . >>> did you know that middle class americans actually have more buying power today than ever before. this according to well-known economics professors. they totally debunk the leftist view that somehow taxing or punishing or redistributing the wealth of the rich will then middle class that may not need then. the lefties
Jan 30, 2013 2:00pm EST
-star panel. plus, did boeing know more about the bad batteries than they are letting on? that's a good tease too. digging in. >> the u.s. economy post a surprising drop. gdp contracted in the fourth quarter of 2012. first time it shrunk in more than three years. historically gdp has been a roller coaster. find out when the biggest drop and gain occurred. next. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost f
FOX Business
Jan 29, 2013 12:00am EST
for boeing. still no definitive answer to what is behind the dreamliner disasters. can you ever have too much "money"? melissa: business students scoring a job in vegas, these entertainment held a three-day texas hold them tournament to attract top recruits. it isn't the first time. last year five campus walkway with full-time jobs at the company. not talk about dealing cards. it displayed on how it all plays out is these entertainment corporate director of talent. welcome to the show. what yowould you they could leay watching them play texas hold them? >> we actually see a lot of correlation between these guys who can come in and show their skills at the poker table fro, strong poker skills correlate into a great business executive, they're very smart, analytical, great with numbers, they're very focused at the task at hand. and they're very social read they c get along with their competitors. melissa: spare not degenerate gamblers? >> go to the morgue positive attributes for those who can successfully play poker. >>melissa: you fluent people frm harvard business school. they buy into the to
Jan 30, 2013 4:00am EST
will join us to preview boeing's earnings after the troubles that company's had with its dreamliners. >>> the latest from down under. australian prime minister surprising people -- you have to wait for a long time. >> it's a long period that they'll have this there. >> the u.k. >> like a u.s. style -- >> in the u.k., you call the election, four weeks later it happens. >> whereas in the u.s. talking about 2016. >> please. can't stand it. >> it's true. >>> in new york, we'll be waiting for 10, the blackberry 10, folks. >> question is, will it be enough to turn research in motion's shares around? that remains to be seen. >>> first up, spanish economy contracted more than forecast with gdp down 1.8% annually, .7% from the previous quarter. analysts were looking for a smaller 1.7% drop over last year. speaking after the release, the spanish prime minister, mariano rajo, planned to announce new stimulus measures shortly. joining us are sarah perez fruitos, manager at brunswick capital, and sarah foley. add the gdp number to the awful retail sales, forecasts now that spain will still be in
Jan 24, 2013 2:00pm EST
on boeing. >> by the way, everybody is special, no one is sperl. that's a direct quote from, which movie? "the incredibles." since december 2007, it is slightly lower now, but has risen the past six days. if it manages to finish higher today it'll be the first winning streak since october 2006. how is that for a step for you? we will talk about a fruit company called apple. let's get to the floor of the nyse, where i are today. mary thompson, what are people talking about from apple? >> apart from apple, of course something you meng hmentioned, mandy, breaking the 1500 level. since then we have seen a bit of consolidation on the s&p. the dow well off its highs of the day. at one point up triple digits. now a gain of 24 points. there you can see the s&p is now down on the session. nasdaq has been weaker throughout the day. again that concern about apple's report putting pressure on the tech sector today. what we are seeing though is continued strength in consumer sector. consumer discretionary stocks, pretty much at an all-time high in today's session. they are among the leader we are see
Jan 30, 2013 12:00pm EST
for the dreamliner. a new report says boeing was aware of a serious problem even before the fleet was grounded. those stories and more right after this. >>> federal regulators are asking boeing now to provide a full operating history on lithium ion batteries that it uses in the dreamliner aircraft. the move comes after "the new york times" reported the jet's biggest operator said it had replaced ten of the batteries in the months before boeing was forced to ground its 787 fleet after two battery failures. the airline says it contacted boeing about the problem but not safety regulators because there were no flights canceled. >>> the internal revenue service starts processing returns for the vast majority of filers today. the agency had planned to especial on the tax season eight days ago but had to push back the date because congress delayed passing some key tax provisions. a similar delay two years ago pushed the opening of tax season into mid-february. >>> coming up on wusa9, the need for speed. should you be able to drive faster on the intercounty connector in montgomery county? we'll talk to phil
FOX Business
Jan 23, 2013 9:00pm EST
decide, approve or kill it. the faa stepping up its probe of boeing streamliners. of the quest to go green pushed the new jet too far. and this season's most important earnings report. apple, america's love affair with the iphone over? "the willis report" is on the case. ♪ gerri: all those stories coming up. first, we are asking, what is the holdup? now that your second term as well under way it's time to revisit something that should be at the top of your priority list after all, is something that would add hundreds of millions of dollars to the state economies and create tens of thousands of jobs right your home. the icing on the cake, it would help us as a nation become more energy independent. what is it? well, drumroll. approving the keystone xl pipeline. it is not just me. today senators on both side of the aisle have written a letter urging the president not to approve this pipeline right now. thanks to a major announcement from the governor yesterday, you're out of excuses, mr. president. joining me now, jerry taylor from the cato institute. great to have your. it's back in
FOX Business
Jan 31, 2013 12:00am EST
francis is next. melissa: i'm melissa francis and here's what's "money" tonight. what did boeing's management know and when did they know it? a new report says boeing was aware of the dreamliner's battery problems all along. so why wasn't anything done? we have a top former air safety official to weigh in on that one. >>> plus gdp growth comes to a screeching hot happen. major reason is because government spending plunged 15%. isn't that a good thing? trying to bring you a silver lining. the power panel talks about. >>> they are helping to soften the blow for its employees. maybe something to suggest to your boss tomorrow. the company's ceo joins us exclusively with the details. even when they say it's not, it is always about money melissa: now on to our top story. a big new twist in boeing's battery problems with the dreamliner and the grounding of all of the 787s after the issue was downplayed at the outset saying it was just growing pains. that every new aircraft experiences. now it has come out, that boeing had knowledge of major battery problems even before the incidents of
FOX Business
Jan 31, 2013 4:00pm EST
: even though you are a little bearish, you have some pics. two of them have been beaten down. boeing with issues of defense spending and intel of course. why do you like these two stocks? >> if we tell you to look at stocks today, we are planning on you at least keeping those in our portfolio for three to five years all things being equal. boeing, that is a great play on the emerging market. that has been in the area ordering a lot of own planes. we like that. in the developed world they are very fuel efficient and that is a very big seller. there are fundamentals we think should propel boeing in the future. intel, they have not been present in the mobile device category, and we think in the next three to five years they have a compelling story and we think they will be both in the smart phones and tablets and the next mobile device somebody comes up with. liz: close to a dozen new smart phones are shipping. i guess the question is do you fear it on the bubble bursting? so many people got so scared they missed the rally that happened through the past year, they're still parked on the
Jan 25, 2013 4:25am EST
into the problems of boeing's dreamliner airplane say they are still aways away from figuring out what is wrong. >> as mary ann rafferty explains, two battery-related incidents led to the plane's grounding last week by regulators around the world. >> reporter: the national transportation safety board stepping in to investigate boeing's dreamliner battery nightmare. ntsb chairwoman deborah herstman highlighting the gravity of the problem. >> the expectation in aviation is to never experience a fire on board an aircraft. >> reporter: but that is exactly what happened last week when an overheated battery forceed a 787 dreamliner to make an emergency landing in japan. just one week earlier, another fire on a dreamliner in boston. while the ntsb isn't sure yet if it is the cause, they are point tying chemical reaction which overheats the battery. >> there are multiple systems to protect against a battery event like this. those systems did not work as intended. we need to understand why. >> reporter: boeing said it welcomed progress in the investigation and continues to work with investigators both i
FOX Business
Jan 24, 2013 1:00pm EST
. >> thank you. >> all right. searching for answers. the very latest on the investigation of boeing 787 and the impacts of the lithium ion battery and grounding of the dreamliner. >> percentage of organized labor dropping by a large amount last year. lou dobbs weighs in. ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> it is time to make money with charles pape, and in this hour, following up on a american success story that made profits. >> on this show, december 10th, swift transportation, the kid playing with the truck, hey, you like the truck? i love it so much, i'm going to own a hundred of them. the company has 14,000, the stock up 14% now, and by the way, holding, and i tell people to hold it. >> really? hang on to it? >> yeah, jpd -- jb hunt, record quarters for the year, and the broader market, a valid rally? old scho
FOX Business
Jan 30, 2013 1:00pm EST
it on february 3rd. lori: boeing topping estimates despite dropping 30% from a year ago. his arrest came as boeing's dreamliner planes are grounded as we have reported. forecasting no significant impact for 2013 because of the grounding. we will have to see about that, but for now that is what they are saying. we can work national trust patient safety board has asked boeing fretful operating history of the batteries in question. for the latest on this ntsb request, let's go to dan springer. have they np >> no, they haven't. they have done the first level of investigation haven't been able to pinpoint the exact problems so going to a deeper level. as mentioned is not hurting the bottom line yet. just mentioned the company took in $81.7 billion in revenue, that is a record last year. it is not hurting the bottom line yet. the battery issues with the 787 did not sneak up on boeing but more details. replacing 10 of the lithium-ion batteries since may. half of them were due to low voltage. it is much higher as reported by source. reporting 100 batteries had to be replaced but not all of them
Jan 31, 2013 6:00am PST
responsibly. >>> troubled usair craft manufacturer boeing has dismissed safety concerns after a japanese airline said it changed batteries in its 787 dreamliner fleet ten times last year. it did so due to repeated problems. they've been investigating the lithium-ion batteries. one involved a 787 that made an emergency landing in western japan. officials suspect its battery overheated. ana representatives say they changed the batteries over a period of eight months. boeing's ceo responded that batteries are often changed during routine maintenance. some batteries in ana's plane had to be replaced because they wouldn't keep a charge. they said the others were mishandled. japanese transport authorities say the ana emergency landing was probably unconnected to the multiple battery changes. ana officials say the temporary loss of the 787 led to a drop in revenue in january. they had to canceled 460 flights. sales took a $15 million hit but profits from last year should help offset that loss. the officials say the ana operating profit from april 2012 was $1.2 billion, that's an increase of 18%
Jan 24, 2013 11:00am PST
into the problems with boeing's dreamliner. >>> new at 11:00 a link between lightning and migraine. researchers followed migraine sufferers. a study found a 31% increased risk of headache and 28% increased risk of migraine on days lightning struck within 25 miles of a person's home. experts speculate that electric tr magnetic waves may be to blame. >>> problems into the boeing 727 dreamliner. >> they will release details about the fire that forced an emergency landing at boston's airport. the fire was caused by a battery that exploded. nobody was injured, but that and other issues prompted the faa to ground all boeing dreamliners. including all nippon flights. the san jose flights have been canceled through january 28th. >>> still ahead, take a look. this chimpanzee is chilly. proving how cold it is in some parts of the world proving your primates need blankets. these sweet honey clustery things have fiber? fiber one. almost tastes like one of jack's cereals. uh, forgot jack's cereal. [ jack ] what's for breakfast? uh, try the number one! i've never heard of that. [ wife ] it's great. it's a sw
Jan 23, 2013 7:00pm PST
a degenerative brain disease likely caused by violent hits. >>> the new top boeing a fix is im independent. congressman rick larson from washington state says he refuses to second guess the faa's decision to ground boeing's 787 fleet last week due to an over heating problem with litd yum ion batteries. faa and boeing have told him the grounding of the plains should not last long. it is located in larson's district and largest employer. >>> art can often be a hot button issue. but in the next story things perhaps went a little too far. at a san francisco art exhibit went up in flames. marty spoke exclusive lavmly with the artist and was told it went on purpose. >>reporter: it was created by this woman, claire fon cane as part of an intercontactive. -- flair fontaine. >> very dangerous but noble work. come here and see the people are playing with fire and they don't like it. >>reporter: fontaine insisted the exhibit was safe. they tested it. fire retardant used on the wall and no one was on the top floor but at 10:00 last night fire officials say things were out of control. >> i saw 2 or 3 f
Jan 25, 2013 4:00am PST
its first big boost in years. the goverment addresses boeing's battery problems... but questions remain. plus, inside california's luxury housing boom. and are banks just plain greedy? a look at the latest money grab in traders unplugged. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, january 25th. i'm angela miles. in today's first look: the dow climbs higher for the 5th straight session as apple takes down the nasdaq. the nasdaq fell 24 points. apple also played a role in holding down the s&p, which briefly crossed 1,500. apple shares tumbled $63 in trading yesterday. facebook founder mark zuckerberg is putting on a political face. he will host a fundraiser at his home february 13th for new jersey governor chris christie's re-election fund. and the post office is pushing up the price of a stamp by one penny to 46 cents starting sunday. scott shellady of trean group joins us this morning for a closer look at the markets. we have to talk about this 1500 in the s&p 500. when will this fi
Jan 27, 2013 9:00pm CST
near tucson earlier in the day. even though the f-a-a grounded all 50 boeing 7-87 dreamliners currently in use ... the company is moving full speed ahead with production of the jets. a boeing spokesperson says the company is not only keeping its current schedule but it plans to double production by the end of the year. a stopdown in production would be costly for boeing and its suppliers. the company has orders for 800 dreamliner planes. earlier this month, the f-a-a grounded all 50 dreamliners in use, after lithium battery fires broke out in two jets. investigators have not yet figured out what caused the fires. your live illinois lottery drawing is next. after that ramsey will join us again... >> tonight on instant replay.. the blackhawks... sox fest... and illini basketball... tonight at 9:40... break pick 3... 5 5 2 pick 4... 2 9 7 0 lucky day lotto... 32 36 4 20 34 break a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath describe the room you're in. like a big open space. like i'm hanging the sheet
Jan 27, 2013 9:30am EST
and entitlements. >> no matter what they say in davos, it matters here and they should care. let's turn to boeing and what started as a bad week a a couple of weeks ago has g gone frfrom bad to worse. the grounding of the dream mininor -- we don'know how l long -- the grnding of the dream liner, we n't know how long that could go on. bolling is divided betweenen -- they arere trying to look at wha is happening with the battery on board, andhe japanese manufacturer is taking a different angle. where do we stand righght now?w? remarkably, the japanese government, who represents the many f factors in all things commcial, said that overheating was not a problem. boeing has to get this right. the end of the day, it is the boeing company that goes out if they havanother overheatiting incident ithe year. this is a terrible hit u.s. exportrts. by the w way, the people a airbus a not h happy aut thihis, because they think are going to rely on these batteries a as well. >> not just blowing t that is going to be heard by this. >> suppliers. this wholele supply chain behind them. it is a major eort industry
Jan 31, 2013 5:30am PST
. the pressure is on politicians to do a deal quickly. >> the granting of a boeing 787 in japan has cost it $1 billion. -- grounding of a boeing 787 has cost it $1 billion. doctors and ambulance staff say cutbacks have left to the health system missing supplies. protests have increased in recent weeks as an grows over the government's austerity plan. it is difficult to navigate and more daunting if you do not speak russian. we are talking about the moscow metro. there are up to 9 million passengers during peak hours. a major redesign aims to ease the crush. >> you could be forgiven for thinking parts of the moscow metro looks more like an art gallery that a busy underground rail network. it reflects the city's soviets passed and culture. tens of thousands of people work to bring the subway system to live. much of the labor is done in tough conditions by hand. the metro opened in 1935, 70 years after the london underground started operating in more than 30 years after the new york subway began running. when >> the first idea appeared -- >> when the first idea appeared, moscow residents wonder w
Jan 30, 2013 4:30am PST
in the safety investigation of boeing 787 dreamliner and safety regulators are now questioning when the company first knew there was a problem with the [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. [ female announcer ] in just 60 seconds, you can't get more italian. it's on. let's roll. >> good morning, the senate judiciary committee holds the first hearing on curbing gun violence since the cut account school shooting. the ahead of the national rifle association will testify. also, retired astronaut mark kelly whose wife, former arizona congresswoman, gabrielle giffords, was a victim of a mass shooting. n.r.a. c.e.o. saw law abiding gun owners will not accept blame for the acts of violence. the n.r.a. and mark kelly sent e-mails to supporters urging them to attend the hearing today. >> c.h.p. is getting closer in identifying the drivers involved in a dangerous side show in the middle of intersta
FOX Business
Jan 30, 2013 11:00am EST
changes its name. will any of this stop the bleeding? boeing out with earnings as it starts to sort out the problems with its 787. some concerns about manufacturing. what does it all mean for this friday's jobs report and the state of the country? connell: let's go to nicole petallides now. bottom of the hour and stocks now. nicole: should i go with blackberry or research in motion i can show you that intraday move that we have seen all blackberry, research in motion, today. it traded as high as $16.62. that was a gain of more than 5%. then it dropped off big time. down 7% on this announcement. the price point is between 149 and 199. stock sells off in the meantime. dagen: unveiling the new blackberry at a big event this morning. alicia keys was there. she is a new creative director. so much to tell you about it. connell: shibani joshi is that the big event. shibani: we are with a president of apple go. we are talking about the big blackberry launch. a couple of new phones coming out. not sure when we will get them. the price point is $149. some of the other features we know, it weighs
FOX News
Jan 25, 2013 1:00pm PST
-- remember the controversy a year or year and a half ago about boeing trying to move the facility out of seattle and moving to south carolina. those are the things the nlrb decides. >> is it a surprise that they have that much influence over a business? >> it shouldn't. i think you and i think alike on this, eric. nlrb should not have any kind of input about where an american business locates its factories and plants, but what happened in this administration is -- it's just not the nlrb. the regulatory organizations are sticking their finger in every business decision shoot be the decision of the shareholders and the ceos of the company. >> not a lot of time, steve. the people he tried, president obama pride -- tried to put on, will they be removed? >> i don't see how they have a chance of get through the congress in terms of the approval process. >> so hey have to be approved now? they have to go through full congressional approval? >> that's right. the rope the president tried to put these guys through, through the recess appoint; because he knew they cooperate get through. let's ge
Jan 29, 2013 1:00pm EST
a big push of stock prices higher. back to you. >> thank you very much. boeing, the big earnings story to watch, almost every analyst focusing exclusively on what the company has to say about its dreamliner problems. phil lebeau knows about two very important different areas that investors may need to watch even more. phil. >> tyler, you have to watch the defense side of the business with boeing. it gets half its earnings from the defense side of the business. here is what the street is expecting from boeing. these numbers, most people are saying this is important but it's really the guidance. that's what we're going to be focused on, under the circumstances past eps the other aspect of the commercial airline gets attention, 737, this is the workhorse for boeing. increased production to 38 a month starting this quarter. as you go into building the the third 737 assembly line in renton, washington, that's going to get a lot of tension particularly because they have the 737 max in development. this is the future workhorse for boeing. they already have a backlog of more than 1,000 orders.
FOX Business
Jan 27, 2013 1:00am EST
that, but the biggest issue here, is that we have now, first, coming in like boeing, it was building a new plant in south carolina that was stopped because the nlrb somehow deemed that it was not in the best interest of the labor department or the labor to work there. well, that was insane. that was probably 2 billion dollars investments that went up in smoke and that's coming back. people put a lot of projects on hold because they didn't know how crazy this nlrb was going to get. with this being changed you're going to see 5 billion, 10 billion dollar plants coming because they can go where they want to be and by the way, they announced this week lowest percentage of union labor in the united states and by the way, so far we haven't had economcalamity. >> brenda: so far it's taking the labor board out of commission for a while. does that help the economy? >> oh, i believe it does, because it gets to, i think, a bigger issue, brenda, finally, maybe, a little tamp down on government overreach, you know, in obama's inauguration speech, it was all about growing government even bigger th
FOX News
Jan 25, 2013 8:00am PST
problems facing boeing's 787 dreamliners. video surfacing of a battery fire at a testing facility several years ago. we have the latest on the national transportation safety board's ongoing investigation that has grounded that plane. >>> it's a gruesome murder case making national headlines. an exterminate tore accused of stripping link and burning one of his customers. we look at ways to protect yourself when inviting contractors into your home. >>> a brave emergency worker risks his life to save a 14 who decided to go for a swim in raging floodwaters. more of this incredible video to come. arthel: speaking of incredible video, we have some terrifying video of an arrest gone terribly wrong. it's new coming from the dash-cam video from seminole county, florida, just north of orlando. here you see the deputy getting out of his car to question a shoplifting suspect. when the officer moves in for the arrest, here it goes, the suspect spins around and gets back in his car the he will take off. and he is going to drag the deputy for nearly 20 feet. the deputy was not seriously injured fortunat
Jan 25, 2013 7:00pm PST
involve the 787 dreamliner. the boeing-made plane has been grounded, following a series of problems. the biggest involves the jet's batteries. nhk world brings us up to speed on the investigation. >> reporter: investigators with the u.s. national transportation safety board have spent hours picking through the remains of a japan airlines 787 battery, hoping to find out why it caught fire earlier this month, while the plane was on the tarmac in boston. >> we do not expect to see fire events on board aircrafts. this is a very serious air safety concern. >> reporter: the lithium ion batteries play a key role in improving the 787's fuel efficiency. dreamliners have two sets of them. one is under the cockpit and provides backup energy in an emergency. the other is under the passenger cabin. it starts the jet's engines. the eight-cell batteries weigh half as much as conventional motors but provide the same amount of power. the problem is, they are more susceptible to catching fire when they overheat. in the japan airlines case, the battery caught fire, ntsb chair says there is evidence of
Jan 30, 2013 6:00am PST
is with japan. >>> investigators looking into the troubled boeing 787 dreamliner may you can wondering if they are looking at a pattern of faults. officials with all nippon airways have revealed that during the last eight months of 2012, they have changed the batteries in the boeing plane ten times because of irregularities. the plane made an emergency landing and the batteries were found overheated and charged. the causes of the unusually high temperature in the batteries remains unknown. now they are focusing on surrounding systems including the battery charger and will return the unit on wednesday to its makers, secura plane technologies in the u.s. state of arizona. japanese and american inspectors plan to visit the company this week. >>> it has been a long journey but south korea is now a member of the exclusive club of countries that claim successful space launches. they say for the first time, they have sent a satellite into orbit on a domestically built rocket. the rocket carrying the scientific satellite blasted off wednesday from a space center in the country's southwest. >>
Jan 28, 2013 4:30am PST
. >>> as the federal investigation continues on boeing's dreamliner jet, more flights scheduled to use that aircraft have been canceled. this morning we checked with all-nioppon airlines and found all flights out of san jose international have been canceled and this will take place through february 18th. that move comes as a joint u.s. and japanese probe continues on the boeing 787. investigators focusing on lithium batteries which may have played a role in several emergencies earlier this month. >>> workers with san francisco's department of public works will soon begin replacing ventilation fans in the broadway tunnel. they'll be replaced with a $1 million digital carbon monoxide monitor. the original ventilation fans have been in place for 60 years. spare parts no longer available for the one in place. >>> get ready for more linsanity. an unannounced appearance at the sundance film festival. >>> help is on the way. what's happening today that will bring much needed relief to the victims of superstorm sandy. >>> store shelves could soon be stocked with your favorite hostess snacks once again. we'l
Jan 25, 2013 11:00pm PST
because of on going problems with the boeing 787 dreamliner. sky 7hd captured the first flight between tokyo and silicon valley earlier this month, but since then they grounded the jumbo jets after a series of problems. it was mainly center erred -- centered around fires. boeing says the 787 is safe, but it is being checked out by aviation authorities worldwide. >>> we got our first look at a fender. they are made of wood, steal and plastic and wrap around the base to protect against collisions. the crews tore off the damaged pieces and then placed them on a barge. the repair work will take about four and a half months to complete and costs up to $3 million. still to come on abc7 news at 11:00, the fan frenzy is on as the count down to the super bowl continues. coming up, the fan who has been to every 49er super bowl and why this year he may have to break that streak. and taking revenge on so-called revenge porn websites. a lawsuit against the x rated site that putting up photos of women without their permission, and why these women could face an uphill battle. and the unusual new dire
Jan 31, 2013 4:00am PST
proceedings a turning point in the case. boeing's ceo is confident investigations will reveal the source of the dreamliner's problems, but won't say how long that will take. joe schwieterman, an airline analyst, predicts pressure from airlines may get the planes back in service within a few weeks or sooner. "i think news coming out that it's the battery could allow the faa to release the grounding with provision for perhaps daily inspections. there's going to be big pressure on the faa not to drag into a half-year delay." boeing reported better-than- expected earnings, and the dreamliner's disturbance is not expected to affect the company's full-year outlook. new trouble for toyota. the car company is recalling more than 1 mllion cars for bad air bags and front window wipers that can become stuck in heavy snow. the faulty air bags that can improperly inflate are mostly in 2003 & 04 corollas, and the wipers on lexus i-s models from 2006 - 2013. details could emerge today about massive job cuts at daimler truck factories. workers are bracing for potential layoffs that could happen at plant
Jan 26, 2013 12:00am PST
jose and tokyo because of on going problems with the boeing 787 dreamliner. sky 7hd captured the first flight between tokyo and silicon valley earlier this month, but since then they grounded the jumbo jets after a series of problems. it was mainly center erred -- centered around fires. boeing says the 787 is safe, but it is being checked out by aviation authorities worldwide. >>> we got our first look at a fender. they are made of wood, steal and plastic and wrap around the base to protect against collisions. the crews tore off the damaged pieces and then placed them on a barge. the repair work will take about four and a half months to complete and costs up to $3 million. still to come on abc7 news at 11:00, the fan frenzy is on as the count down to the super bowl continues. coming up, the fan who has been to every 49er super bowl and why this year he may have to break that streak. and taking revenge on so-called revenge porn websites. a lawsuit against the x rated site that putting up photos of women without their permission, and why these women could face an uphill battle. and the u
Jan 24, 2013 11:00pm PST
baterias de los dreamliners 787 de boeing y confirmar la seguridad. vo --asi que estos aviones no volaran hasta ser fiables por lo que no de dio una posible decha para el regreso del dreamliner que era la gran apuesta de boeing por competir frente a la europea "airbus". cesar --el presidente obama califico hoy de un "paso historico" el levantamiento de la prohibicion del pentagono a que las mujeres sirvieran en primera linea de combate. --el mandatario dijo que al abrir las posiciones de la unidades militares de combate terrestre a las mujeres, las fuerzas armadas han dado un paso historico hacia el aprovechamie nto de los talentos y las habilidades de todos los ciudadanos. -- del 1.4 millones soldados activos, mas de 200 mil son mujeres que representan un 15 por ciento. blanca ---nueva pausa en noticiero telemundo 48 pero a continuacion, take vo ---la francesa liberada tras permanecer 7 aÑos presa en mexico, fue recibida como una herona al aterrizar en pars.. take sot segment ends take sot ] ayer tras estar en la carcel 7 aÑos en mxico tras enfrentar cargos de secuestro, volo inmediata
Jan 24, 2013 7:30am EST
of the ongoing problems with boeing 787 passenger jets. they say they have no timetable for the resumption of dreamliner flights. >> we don't know what caused these incidents yet. and we are working very closely with our partners at the ntsb, the japanese authorities and the boeing company to try to focus on what has caused these and once we have a better understanding of the cause we are going to take appropriate action. >> regulators at the u.s. federal aviation administration grounded all 787s there last week following the emergency landing of an ana flight in western japan. they say it was because of the risk of in-flight battery fires. meanwhile, the u.s. national transportation safety board has released its latest findings. inspectors are looking at earlier problems with a 787 operated by japan's other major carrier jal. that plane's battery is where a fire believed to have started eight individual lithium ion cells. each cell had a different level of damage but they aren't speculating on what this might mean for their investigation. ntsb chairman debra hurstman is scheduled to provi
Jan 25, 2013 7:30am EST
closer contact these days. most of their discussion involve the 787 dreamliner. the boeing made plane has been grounded following a series of problems. the biggest involves the jet's batteries. nhk world bring us up to speed on the investigation. >> translator: investigators are hoping to find out why the battery in the 787 caught fire while the plane was on the tarmac in boston. >> we do not expect to see fire events on board aircraft. this is a very serious air safety concern. >> reporter: the lithium batteries play a key role. dream liners have two sets of them. one is under the cockpit. it provides back up energy in an emergency. the other is under the passenger cabin. it starts the jet's engines. the batteries way half as much as conventional batteries but provide same amount of power. the problem is they are more susceptible to catching fire when they overheat. in the japan airlines case the battery caught fire. ntsb chair says there's evidence of short circuiting in the chemical reaction. that's when high temperatures trigger an uncontrollable reaction. >> the photo on the right, a
FOX Business
Jan 24, 2013 3:00pm EST
in the ratings on your company. i do want to ask you about the issues over at boeing. southwest has been a faithful 737 buyer of those aircraft for, well, the entire history of the airline, frankly, 41 years. but the dreamliner, are you concerned at all about what's going on in the engineering department at boeing,? >> no. of course, boeing is one of the great companies of the world and have been our very good and really great partner from the very beginning at southwest airlines. we've had tremendous success in working with boeing, tremendous success with the 737. so anytime you have a new airplane there are always some, you know, break-in type items that just have to be worked through, and, you know, to be honest with you i just don't know enough about what the issues are to speak intelligently about it. it is a completely different electrical system and battery system than what we have, so i just can't really add anything other than they're a great company, and i know they're working hard to fix it. cheryl: tbri kelly, southwest airlines ceo, chairman and president. thank you very muc
Jan 28, 2013 6:00am PST
the boeing 787 dreamliner are not stopping boeing from ramping up production. the company confirms over the weekend it plans on doubling production for the dreamliner by the end of the year, stopping production is costly for both boeing and the suppliers and right now they have ordered for 800 boeing 787 dreamliner. >> across the countries there could be an extra charge if you pay with credit with a new credit card surcharge allowing per chans to pass on fees to customers. many merchants are not expected to pass off the charges but those that do will add 2 percent to 3 percent to credit card receipts. california is one of ten states that ban the surcharges and the surcharge is part of a settlement after a long legal battle between merchants and credit card companies. for more on what this fee means to consumers, stay with able and "good morning america" will have more on this at 7:00 a.m. >> gun control is the topic with top law enforcement officials who have dealt with recent mass shootings. president obama and vice president biden are scheduled to meet with the police chief of newtown
Jan 30, 2013 5:00am PST
yesterday. >>> there are new reports this morning that say boeing new about battery problems on the new dream liner jets. it has had to change batteries ten different times for a variety of problems. it also adds it told boeing about those problems. all 50 of the boeing 787 in use were grounded after a battery fire that forced ana flight to make an emergency landing earlier this month. now the national transportation safety board wants to see boeings complete operating history of the dream liners bat batteries. >>> pg&e trying to restore power to a dozen customers in san ramon. a spokesperson told ktvu the power is out effecting homes on lamon -- lomond circle. service is expected to be back about 1:15 this afternoon. this is a second outage in san ramon involving a damaged under ground cable. pg&e says about 4,000 customers lost power last night. service was restored about 3:00 this morning. >>> a 49er fan who is the victim of a ticket scam will get to go to the super bowl after all. sharon says she recently wired $5900 to a baltimore ravens fan who was offering to sell his tickets to
Jan 28, 2013 6:00pm EST
gas. the cause of a series of technical problems with boeing's new dreamliner is still not known. on monday they clear the company that makes batteries for the airline. they're now focusing on equipment's that matters the batteries performance. after days of torrential rain in australia, cyclone ocelot is threatening to cut off the city in queensland from the outside world. authorities will work through the night to evacuate residents from these flooded areas. three people have died as a result of the flooding. a group of republicans and democratic senators did something unusual. they reach across party lines to work together. they took a proposal on immigration to do it. it would allow more educated people and to america and give the 11 million people who are here illegally a pact to citizenship. they are particularly interested in helping the so-called dreamers, children brought to america illegally by their parents. we spoke to one of them, victor from alabama about his dreams. >> i am 21 years old. i am on documented. i do not have a license. what can i do? we do not have any
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